Zhejiang Jasan Holding Group Full Year 2024 Earnings: Revenues Disappoint

Zhejiang Jasan Holding Group (SHSE:603558) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥2.57b (up 13% from FY 2023).
• Net income: CN¥324.9m (up 20% from FY 2023).
• Profit margin: 13% (in line with FY 2023).
• EPS: CN¥0.89 (up from CN¥0.74 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Zhejiang Jasan Holding Group Revenues Disappoint

Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in China.

Performance of the Chinese Luxury industry.

The company's shares are down 2.9% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Zhejiang Jasan Holding Group you should be aware of.

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